In today’s recent session, 5.38 million shares of the Kinross Gold Corp (NYSE:KGC) have been traded, and its beta is 1.24. Most recently the company’s share price was $9.85, and it changed around $0.1 or 1.08% from the last close, which brings the market valuation of the company to $16.96B. KGC at last check was trading at a discount to its 52-week high of $10.82, offering almost -9.85% off that amount. The share price’s 52-week low was $4.75, which indicates that the recent value has risen by an impressive 51.78% since then. We note from Kinross Gold Corp’s average daily trading volume that its 10-day average is 20.59 million shares, with the 3-month average coming to 15.98 million.
Kinross Gold Corp stock received a consensus recommendation rating of Hold, based on a mean score of 2.12. If we narrow it down even further, the data shows that 1 out of 23 analysts rate the stock as a Sell; another 4 rate it as Overweight. Among the rest, 11 recommended KGC as a Hold, whereas 6 deemed it a Buy, and 1 rated it as Underweight.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Kinross Gold Corp (NYSE:KGC) trade information
Instantly KGC has been showing a green trend so far today with a performance of 1.08% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 9.96 on recent trading dayincreased the stock’s daily price by 1.1%. The company’s shares are currently up 62.89% year-to-date, but still up 3.74% over the last five days. On the other hand, Kinross Gold Corp (NYSE:KGC) is -6.50% down in the 30-day period. We can see from the shorts that 12.8 million shares have been sold at a short interest cover period of 0.67 day(s).
The consensus price target as assigned by Wall Street analysts is $9.55, which translates to bulls needing to decrease their stock price by -3.14% from its current value. Analyst projections state that KGC is forecast to be at a low of $4 and a high of $12.
Kinross Gold Corp (KGC) estimates and forecasts
Kinross Gold Corp share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 19.89 percent over the past six months and at a 56.82% annual growth rate that is well above the industry average of 20.00%.
Kinross Gold Corp earnings are expected to increase by 65.29% in 2024, but the outlook is positive 29.70% per year for the next five years.
KGC Dividends
Kinross Gold Corp’s next quarterly earnings report is expected to be released on 2024-Nov-05. The annual dividend yield of the stock is 1.22 percent and its annual dividend per share was 0.12. It is important to note, however, that the 1.22% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision. The average dividend yield for the past five years averaged 1.24 per year.
Kinross Gold Corp (NYSE:KGC)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 0.24% of Kinross Gold Corp shares, and 68.88% of them are in the hands of institutional investors. The stock currently has a share float of 69.05%. Kinross Gold Corp stock is held by 724.0 institutions, with VAN ECK ASSOCIATES CORP being the largest institutional investor. By 2024-06-30, it held 9.8682% of the shares, which is about 121.21 million shares worth $1.01 billion.
VANGUARD GROUP INC, with 3.7455% or 46.0 million shares worth $382.76 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
